CIRCULAR 1 INVESTMENTS LIMITED

CIRCULAR 1 INVESTMENTS LIMITED

CIRCULAR 1 INVESTMENTS LIMITED - Company Information

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CIRCULAR 1 INVESTMENTS LIMITED

Company Registration Number:
SC534604 (Scotland)

Unaudited abridged accounts for the year ended 31 July 2021

Period of accounts

Start date: 01 August 2020

End date: 31 July 2021

CIRCULAR 1 INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2021

Balance sheet
Notes

CIRCULAR 1 INVESTMENTS LIMITED

Balance sheet

As at 31 July 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 34,344 14,510
Investments: 4 5,000 0
Total fixed assets: 39,344 14,510
Current assets
Stocks: 29,821 29,821
Debtors: 5 145,610 204,221
Total current assets: 175,431 234,042
Creditors: amounts falling due within one year:   (264,715) (272,868)
Net current assets (liabilities): (89,284) (38,826)
Total assets less current liabilities: (49,940) (24,316)
Creditors: amounts falling due after more than one year:   (34,501) (45,000)
Total net assets (liabilities): (84,441) (69,316)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (84,541) (69,416)
Shareholders funds: (84,441) (69,316)

The notes form part of these financial statements

CIRCULAR 1 INVESTMENTS LIMITED

Balance sheet statements

For the year ending 31 July 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 July 2022
and signed on behalf of the board by:

Name: Stuart MacLennan
Status: Director

The notes form part of these financial statements

CIRCULAR 1 INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CIRCULAR 1 INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2021

2. Employees

2021 2020
Average number of employees during the period 3 1

CIRCULAR 1 INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2021

3. Tangible Assets

Total
Cost £
At 01 August 2020 22,421
Additions 26,890
At 31 July 2021 49,311
Depreciation
At 01 August 2020 7,911
Charge for year 7,056
At 31 July 2021 14,967
Net book value
At 31 July 2021 34,344
At 31 July 2020 14,510

CIRCULAR 1 INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2021

4. Fixed investments

Investment relates to shares held in Circular 1 Health Limited (127003500)

CIRCULAR 1 INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2021

5. Debtors

2021 2020
££
Debtors due after more than one year: 0 0